With that in mind,
gold positions continued to be rolled back as the markets are adjusting portfolios given the increased potential for the dollar to rise in the weeks head becomes a reality.
Not exact matches
Thus the size of the total short physical
position continues to stir controversy, with
Gold Fields Minerals Services sticking to its estimate of 4000 to 5000 tonnes notwithstanding the mountain of research by the
Gold Anti-Trust Action Committee and its associates suggesting an amount two to three times as large.
In the absence of a sustained rise in the
gold price, the most likely outlook over the next two to three years in our opinion is for the industry to
continue in a survival mode of balance - sheet repair and running in place to remain
positioned for a future rise in the
gold price.
Many investors are keeping an eye on the
gold market and
continue to appreciate
gold's value as a diversifier in a portfolio, yet few have been actively involved in putting on meaningful, strategic
positions.
According to securities attorney Avery Goodman, Goldman Sachs and HSBC took major
positions in physical - hold - in - your - hand
gold last week, while
continuing to recommend against buying
gold to their clients!
But if you're looking to take up a contrarian
position against
continued gold price increases, there are a few ways you could do so.
«The Middle East is an exciting market for us and we will
continue to strengthen our
position here with our diverse portfolio of brand offerings to cater to the growing demand for
Gold - Standard serviced accommodation in this region.»